RUSTY
ActiveSummary
The computed 12-month bankruptcy probability of RUSTY is 2.5% (moderate). The 2025 annual accounts show equity of €99,771 and a net result of €20,498. Equity has been growing by about 12% per year since 2023. Its solvency ranks better than 79% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-10-2022 Normal situation
- Activity
- Full-service restaurants NACE 56111and 2 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.337.715.143 3980 Tessenderlo-Ham, since 20-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 07-07-2025
Board and ownership
- SKOWYRA, Adam AndrzejDirector
- TRAD, Karolina RoksanaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
- Gross margin
- €155,819
- ▲ 27.5%
- Turnover
- ≈ €450,000
- estimated
- Profit
- €20,498
- Equity
- €99,771
- ▲ 25.9%
- Total assets
- €157,786
- ▼ 5.5%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2022Size: total assets €157,786lowers riskFigures for financial year 2025 (filed on 17-07-2026)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 79% of them on solvency, 38% on liquidity, 72% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 15 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is over 28 times that of 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 2 |
| full-time | 1 | 1 |
| part-time | 2 | 1 |
| in full-time equivalents | 2.8 | 1.9 |
| Average over the year, in full-time equivalents | 2.9 | 9.9 |
| On a permanent contract | 3 | 2 |
| Joined | 271 | 20 |
| Left | 270 | 21 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €16,059 | €29,740 | €4,088 |
| Depreciation and write-downs of the year | €2,712 | €7,791 | €9,906 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €122 | - | - | - |
| Remuneration, social security and pensions62 | €388 | €110,684 | €114,715 | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,712 | €7,791 | €9,906 | ▲ 27.1% |
| Other operating charges640/8 | €6,959 | €2,740 | €3,799 | ▲ 38.7% |
| Gross operating margin9900 | €115,150 | €122,181 | €155,819 | ▲ 27.5% |
| Operating profit (loss)9901 | €105,091 | €966 | €27,399 | ▲ 28× |
| Financial income75/76B | €3,234 | €3,547 | €5,381 | ▲ 51.7% |
| Recurring financial income75 | €3,234 | €3,547 | €5,381 | ▲ 51.7% |
| Financial charges65/66B | €3,175 | €2,758 | €3,214 | ▲ 16.5% |
| Recurring financial charges65 | €3,175 | €2,758 | €3,214 | ▲ 16.5% |
| Profit (loss) for the period before taxes9903 | €105,151 | €1,755 | €29,566 | ▲ 17× |
| Income taxes67/77 | €26,375 | €3,592 | €9,068 | ▲ 152% |
| Profit (loss) for the period9904 | €78,776 | -€1,838 | €20,498 | - |
| Profit (loss) for the period to be appropriated9905 | €78,776 | -€1,838 | €20,498 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €150,961 | €166,923 | €157,786 | ▼ 5.5% |
| Fixed assets21/28 | €13,347 | €35,296 | €29,478 | ▼ 16.5% |
| Tangible fixed assets22/27 | €13,347 | €35,296 | €29,478 | ▼ 16.5% |
| Plant, machinery and equipment23 | €6,674 | €21,534 | €18,410 | ▼ 14.5% |
| Furniture and vehicles24 | €5,383 | €9,626 | €7,390 | ▼ 23.2% |
| Other tangible fixed assets26 | €1,290 | €4,136 | €3,678 | ▼ 11.1% |
| Current assets29/58 | €137,613 | €131,627 | €128,308 | ▼ 2.5% |
| Amounts receivable after more than one year29 | €90,000 | €90,000 | €90,000 | = |
| Other amounts receivable291 | €90,000 | €90,000 | €90,000 | = |
| Stocks and contracts in progress3 | €2,696 | €8,325 | €7,686 | ▼ 7.7% |
| Stocks30/36 | €2,696 | €8,325 | €7,686 | ▼ 7.7% |
| Amounts receivable within one year40/41 | €26,002 | €13,215 | €17,477 | ▲ 32.2% |
| Trade receivables40 | €25,930 | €3,942 | - | - |
| Other amounts receivable41 | €72 | €9,273 | €17,477 | ▲ 88.5% |
| Cash at bank and in hand54/58 | €18,415 | €18,782 | €11,812 | ▼ 37.1% |
| Deferred charges and accrued income490/1 | €501 | €1,304 | €1,332 | ▲ 2.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €150,961 | €166,923 | €157,786 | ▼ 5.5% |
| Equity10/15 | €81,110 | €79,272 | €99,771 | ▲ 25.9% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €77,110 | €75,272 | €95,771 | ▲ 27.2% |
| Distributable reserves133 | €77,110 | €75,272 | €95,771 | ▲ 27.2% |
| Amounts payable17/49 | €69,851 | €87,651 | €58,015 | ▼ 33.8% |
| Amounts payable after more than one year17 | - | €1,372 | - | - |
| Financial debts170/4 | - | €1,372 | - | - |
| Amounts payable within one year42/48 | €69,647 | €84,679 | €56,326 | ▼ 33.5% |
| Current portion of amounts payable after more than one year42 | - | €5,285 | €4,316 | ▼ 18.3% |
| Trade debts44 | €22,877 | €18,812 | €15,491 | ▼ 17.7% |
| Suppliers440/4 | €22,877 | €18,812 | €15,491 | ▼ 17.7% |
| Taxes, remuneration and social security45 | €39,241 | €60,581 | €36,520 | ▼ 39.7% |
| Taxes450/3 | €36,123 | €42,239 | €26,950 | ▼ 36.2% |
| Remuneration and social security454/9 | €3,117 | €18,342 | €9,570 | ▼ 47.8% |
| Other amounts payable47/48 | €7,529 | - | - | - |
| Accrued charges and deferred income492/3 | €203 | €1,600 | €1,689 | ▲ 5.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,776 | -€1,838 | €20,498 | - |
| + Depreciation and write-downs630 | €2,712 | €7,791 | €9,906 | ▲ 27.1% |
| Operating cash flow (approximation) | €81,488 | €5,953 | €30,404 | ▲ 411% |
| Investment in fixed assets (approximation) | - | -€29,740 | -€4,088 | ▲ 86.3% |
| Change in cash | - | €367 | -€6,969 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as RUSTY has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RUSTY itself is higher: 2.5% within 12 months. It rests on far more data about RUSTY than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for RUSTY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SKOWYRA, Adam Andrzej 200 shares (50%) · €2,000
- TRAD, Karolina Roksana 200 shares (50%) · €2,000
Capital transactions
- 24-10-2022 Incorporation · €4,000 · 400 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SKOWYRA, Adam Andrzej |
|
| TRAD, Karolina Roksana |
|
Network & group
RUSTY shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of RUSTY. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-10
Gazette deed
IncorporationStarting capital €4,000 · Appointments: SKOWYRA, Adam Andrzej (director) and TRAD, Karolina Roksana (director) · Registered office clause · Pre-incorporation commitments9 points ▸
- Registered office clause, “3980 Tessenderlo,Groenstraat 31, comparanten” (deed in Dutch)
- Pre-incorporation commitments, “takeover, verbintenissen voor rekening en ten laste van vennootschap in oprichting” (deed in Dutch)
- Director appointment, SKOWYRA, Adam Andrzej (director)
- Director appointment, TRAD, Karolina Roksana (director)
- Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch), mentioned 2 times in the deed
- Incorporation, 19-10-2022
- Founding capital, €4,000
- Founder, SKOWYRA, Adam Andrzej
- Founder, TRAD, Karolina Roksana
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71362B0099/00L000 | Flanders | 1,195 m² | 1 · 488 m² | 14.7 m · 2 |